In a photo provided by Red Bull, pilot Felix Baumgartner of Austria, stands in his trailer during the preparation for the final manned flight of Red Bull Stratos in Roswell, N.M. on Saturday, Oct. 6, 2012. Red Bull Stratos announced Friday that the jump by extreme athlete Baumgartner have been moved from Monday to Tuesday, Oct. 9, due to a cold front with gusty winds. The jump can only be made if winds on the ground are under 2 mph for the initial launch a balloon carrying Baumgartner. (AP Photo/Red Bull, Joerg Mitter)

Felix Baumgartner, in pressurized suit on platform at left, prepares to enter the balloon capsule in Roswell, N.M. on Tuesday, Oct. 9, 2012. Baumgartner will attempt to break the speed of sound with his own body by jumping from the space capsule lifted by a 30 million cubic foot helium balloon. Baumgartner plans to jump from an altitude of 120,000 feet - an altitude chosen to enable him to achieve Mach 1 in freefall - which will deliver scientific data to the aerospace community about human survival from high altitudes. (AP Photo/Matt York)

In this photo provided by Red Bull Stratos, pilot Felix Baumgartner of Austria steps into his capsule before his mission was aborted due to high winds during the final manned flight of Red Bull Stratos in Roswell, N.M., Tuesday, Oct. 9, 2012. (AP Photo/Red Bull Stratos, Balazs Gardi)

From left; Mission Control meteorologist Don Day, Capcom 1 skydive record holder Col. Joe Kittinger, Technical Project Director Art Thompson and High Performance Director Andy Walshe speak to the media Wednesday, Oct. 10, 2012, in Roswell, NM. to announce a four day hold on Felix Baumgartner's 23-mile-high jump attempt with the earliest projection for a second jump being Sunday. Baumgartner is hoping to become the first skydiver to break the sound barrier by jumping from a capsule floated 23 miles into the stratosphere by 55-story helium balloon. (AP Photo/Matt York)

In this photo provided by Red Bull Stratos, the 55-story, ultra-thin helium balloon that was to carry extreme athlete Felix Baumgartner to his 23-mile free fall twists in the wind Tuesday, Oct. 9, 2012 in Roswell, N.M. A 25 mph gust of wind rushed so fast that it spun the still-inflating balloon as if it was a giant plastic grocery bag, raising concerns at mission control about whether it was damaged from the jostling. The jump will be postponed until at least Thursday. (AP Photo/Red Bull Stratos, Joerg Mitter)

In this Feb. 23, 2012 photo provided by Red Bull Stratos, pilot Felix Buamgartner of Austria shows a piece of the balloon material during the Red Bull Stratos egress training in Lancaster, Calif. Its described as a 40-acre dry cleaner bag, that, when first filled, will stretch 55 stories high. On Monday, this special ultra-thin helium balloon is scheduled to liftoff from Roswell, N.M., to carry "Fearless Felix" Baumgartner 23 miles into the stratosphere for what he hopes will be a history-making, sound barrier-breaking skydive. (AP Photo/Red Bull Stratos, Joerg Mitter)

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NEW MEXICO: Austrian daredevil skydiver Felix Baumgartner and his Red Bull Stratos team have set a new launch date and time for his 120,000 freefall from space.

The next window of opportunity should allow Baumgartner to lift-off from the New Mexico desert at 6.00am Mountain Time on Sunday 14th.

A former member of the Austrian military skydiving demonstration and competition team, Baumgartner has been skydiving since he was 16 and holds several world skydiving and BASE jumping records. He teamed up with Red Bull in 1988, performing exhibitions for them and has been preparing for this world record attempt for 5 years.

Baumgartner plans to jump from 120,000 feet right at the edge of space and freefall, breaking the sound barrier and reaching speeds of close to 650 mph.

Look at this same article for a livestream this historic event on Sunday morning.